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661  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: May 22, 2023, 09:16:54 PM
Breaking News!

Juventus again received a 10 point deduction penalty and at the same time buried their hopes of being able to appear in the champions league next season. This point deduction took place before Juventus had a match against Empoli and with those 10 points deducted, they will drop to 7th place in the standings with a total of 59 points, right below Roma.

This is a crushing blow for the Juventus players especially as they will soon secure a place in the champions league and it seems that this is not in line with what the punishment they received at the end of this season. I hope they will keep their heads high and continue to be excited for Serie A next season.

Source: https://www.mirror.co.uk/sport/football/news/breaking-juventus-10-point-penalty-30047845

This is of course some real corruption.  I bet the judge has been paid to make a decision like this.  and why do they have to take away 10 points from Juventus? ? they could just find money and punish them that way. This is some bullshit going on ! !

I really do not think the players will actually want to stay in Juventus after what has happened this season. what is the point of staying in a team which is not going to play in the Champions League even after finishing in the second position?  But probably that's what those people who made this decision actually want.
662  Bitcoin / Bitcoin Discussion / Re: My friend's investment in Bitcoin on: May 21, 2023, 11:27:40 PM
That is a good decision you're friend take, because life is about information and update not to left behind, because Bitcoin is a digital assets that we soon stone the world and government are afraid of Bitcoin, because it has all it takes to serve the world, assume I get opportunity or information 2009 or early stage, I for invest Bitcoin as well, which Bitcoin has raised billionaire in the cryptocurrency industries.

Would you definitely invest in bitcoin if you knew it in 2009?  many people have also claimed like you, but I doubt and do not believe it.  we often have the bad habit of regretting something when we know about its future and have missed it in the past. but if we have the opportunity to go back to the past and not remember what is in the present, we will also miss it again. If you say you will buy a lot of bitcoin in 2009, why don't you buy now and wait for the future? You don't have to go back to the past to buy bitcoin because it's even easier now than in 2009.
663  Bitcoin / Bitcoin Discussion / Re: Does Bitcoin or cryptocurrency offer loan service? on: May 21, 2023, 11:14:00 PM
I have understood what centralized and decentralized systems are and I know that banks are centralized with physical locations/attributes, with strict monetary policies governing it. While decentralized system is the crypto currency or the Blockchain technology which is the where Bitcoin is built on.

Both have helped to solve human financial problems in one way or the other, depending on the means which one earns from.
Ignoring all other features I could talk about and with my focus on loans schemes, I want to ask if as banks offer loans to individuals, companies even to the government, does Bitcoin or any other cryptocurrencies or exchange offer loan service?
 If yes, what is some criteria that may be required?


basically, bitcoin is just an asset like gold or fiat, it cannot and does not provide a lending service on its own.  all loan services require human intervention. When there are many people in need, organizations, companies, and banks will create services and provide them to everyone, they can use fiat, gold, and bitcoin as a means of payment and lending...Currently, there are several centralized exchanges that offer bitcoin loans by collateralizing other assets, but I do not recommend borrowing bitcoin as its volatility can get you into trouble.
664  Bitcoin / Bitcoin Discussion / Re: Bitcoin investment, fulltime endeavor or side hustle? on: May 21, 2023, 10:49:51 PM
No matter how profitable bitcoin is, once it is unstable, it is never considered a full time job.  furthermore, bitcoin investing and trading both carry the same risks as gambling, so I rarely see anyone devote themselves to it full time, and most of them consider it a side job.  it would be best if you didn't quit your outside job to spend all your time on it.  Firstly, it is unstable, and your life will be difficult if you don't make money from it.  Second, your life will come to a standstill if, in the future, it collapses.  never depend on just one thing, life always needs variety.
665  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: May 21, 2023, 04:20:42 PM
Increasing rumors about Allegri being sacked at the end of the season.
The possible new coach can be one between, Spalletti, Conte, Palladino.
Allegri should be fired, no one expects him to stay in Juventus.
Allegri must be aware that he must leave because he already failed many times in Juventus.
Whatever the reason, I assume Juventus management will kick him out.
Spalletti or Conte seems a good option. But I expect Conte to be hired since he has a good relationship and ever made a great history with Juventus previously.

This is just a rumor because I have heard that he is going to stay as the manager of Juventus next season as well! Sacking him is not going to be the best decision by Juventus.  after all, Juventus had shown a very good performance this season.  so, he should be given more time because who knows he will be able to achieve better results with this team! ! Juventus should not take any decisions in a hurry
666  Bitcoin / Bitcoin Discussion / Re: Budget For Halving on: May 20, 2023, 11:32:40 PM

^Definitely right, you can loan money for investment but not on crypto, especially in BTC.


Not only with cryptocurrencies, I think it is not advisable to borrow money to invest in any field, because once invested, besides profits, there will always be risks involved.  no investment is guaranteed to return without risk, so borrowing money to invest is always a bad idea.  also, as you said, the cryptocurrency market is considered the riskiest market because its volatility as well as its future remains uncertain.
i strongly advise the op to consider your plans carefully, otherwise, you will hit a dead end when things don't go as you dreamed.
667  Economy / Economics / Re: Do you spend more-do you get more? on: May 20, 2023, 11:23:15 PM
There is an opinion that the more money you spend, the more you get in return, it is interesting to find out who really works in this direction. I spend enough money, but I have a fixed income, therefore I will not be able to get more. I don't have rich relatives, and I don't expect an inheritance either. I want to get rich, not to deny myself, but I have to save on everything. Who really faced big expenses and received even more? How does it work, maybe I don't understand the essence of it correctly?

This depends on what you spend on, what areas.  if it is said to spend money for daily living needs, this is completely wrong, when you spend money, it means that your assets are decreasing, how can you say that you will receive more?  but if we talk about investment then this may be true. when you spend a large amount of money to invest, you will have the opportunity to get big profits.  but investing is risky, not only money spent will be profitable, profit or loss depends on your ability, knowledge, and experience.
668  Economy / Economics / Re: Why do people stay poor? on: May 20, 2023, 11:08:56 PM
I have always wanted to ask this question is it that there is no opportunity or they do not want to get rich
Mate please more to this I am confused here.
A man is poor only when he spends beyond his income. When a person spends more than his income then he will suffer and later on he will take loans to run his life and at some point he will not be able to pay off the loan and he will become totally helpless. His mind will not settle for work. If a man continues like this, he will become poor. When a person can avoid these problems then that person will not be poor. He will live a good life.
Well I see this as an act of carelessness and irresponsible behavior. Not being contented is a big problem in the society and this has led to the atrocities in our society today.

Spending more than your income has put so many people in a very big mess as they hover about taking loans and  are chronic debtors.

This happens as a  result of poor planning and budgeting. Lack of self discipline and self control are the night mares of this sets of people and when it is time for loan repayment, they are under pressure and   go about taking loan from another source to pay the other.  I have witnessed this situation before so I know what I am saying. It is very embarrassing to be caught with someone owing heavily.

I have a cousin who is also in the same situation and this can be said to be completely their fault.  they have almost no plans or responsibilities for their lives.  they only know how to spend money when they have money in hand, whether they make it themselves or borrow it.  Currently with that loose lifestyle, both he and his wife are heavily in debt and are almost shunned by relatives because of their bad lifestyle. no one wants to continue lending them money, and they are living worse lives than ever.
669  Economy / Economics / Re: Are we headed to a nowhere economic direction ? on: May 20, 2023, 10:58:53 PM
It's difficult to predict the future of the economy with certainty. Economic situation is very challenging to all countries, its possible that the economy could recover and grown in the future. But for now most of the countries feels the economic decline due to inflation. Most of the goods and services are getting more expensive and a lot of workers had been laid off because of the cost cutting scheme of the companies to survive from the inflation that results to recession. The best way to recover everyone government, business and individuals to take steps to promote economic growth and stability, such as investing in infrastructure, creating jobs and promoting innovation.

and that means, we should not waste time thinking about this matter as it won't do any good in our personal lives. so better look for alternative jobs or additional jobs that can possibly help us in our financial needs.
we can't trust the government to help us in surviving the crisis. we should take care of ourselves and find a way how to keep up with the rising cost of living.

this is not the first time the economy has suffered from inflation, inflation is a part of the economy and it has a cycle.  therefore, economic recovery is certain but inflation will soon return in the future.  i agree with you, we shouldn't waste time researching and coming up with solutions because it's the government's duty, we alone won't do anything or come up with any good idea. Instead, finding a way to save ourselves from inflation is what we should do above all.
670  Bitcoin / Bitcoin Discussion / Re: What will you do with bitcoin? on: May 19, 2023, 11:54:12 PM

I'd definitely sell some when it looks like the price might have reached the cycle's peak. I'll be aiming to sell around half of my stash (depending on where the price will be) to help me finance some purchases to improve my own and my family's life. For the remaining part, I'll probably sell also around half of that (so ~25%) and try to buy back when bull run ends. But, as historically I wasn't doing that great in predicting market trends, I'd like to just hold the remaining 25% (i.e. in case I make a bad call and bull run keeps going). I don't intend to ever sell 100% of my bitcoins and would like to pass at least some to my children at some point.

Well, selling is the most intelligent thing to do when the market reaches the peak of the cycle.  then wait for some time and reinvest if we feel that Bitcoin had already reached the bottom.  If we are wrong in our assumption then we can always cost average until we are satisfied on the average cost of our investment.  This way we can easily grow our Bitcoin portfolio over the course of time.  Just repeat the said strategy every cycle and we will find ourselves holding way more Bitcoins that our initial investment.

That said, I am also selling part of my holdings if I feel that Bitcoin had reached its peak and rebuy when the price become cheaper.

There is no such thing as being too intelligent or too hard to do that.  i mean, most investors will do this because everyone's goal is the same, it's profit, I mean, it's very easy, a strategy that almost everyone knows. i wonder, but why is there always a loser in this game, and is the market always so easy to predict? buy when the bear season comes and sell bitcoin when the bull season comes? the market has done it over and over again 3 times, and I think there may be changes soon that makes it more unpredictable.
671  Bitcoin / Bitcoin Discussion / Re: Investing doesn't guarantee you to be rich on: May 19, 2023, 11:37:44 PM
Investment may not guarantee someone's to success, and it's might guarantee someone's to success, because if person follow the rules of investment, then success is guaranteed. If an investor invests and holds their coin until a bull market, they will definitely be making profits out of their investment. And I'm very sure person can become rich in the future and do it consistently, and not an unprofitable investment or make you not rich, because it all depends on your knowledge and planning over a thing you're doing or trying to do.

i didn't see you mention any risk in investing, and as the op said, investing has no guarantee that you will succeed or will always get a return.  everything is risky and the risk is higher when we talk about cryptocurrencies. Not every coin will bring you profit, not every coin will increase in price when the bull season comes.
One more thing, history has proven long-term holding is profitable, but we can't guarantee that will happen in the future.  So never say for sure or confirm anything in this market.

No guarantee unless you are holding either Bitcoin or ETH as history always repeating itself, just buy and hold and set your target
then forget about your investment for a while.

If things favor your side in a much quicker time frame, then it will be good, but if you need to wait for a longer time, then it's okay as you trust the
asset that you are holding.

Only time can tell whether the market will bounce high and give you decent benefits, not a guarantee as what OP said but
chances to earn a good amount is also possible to happen.

I still want to re-emphasize OP's point, there is no guarantee that investing will make you rich.  what do you have to prove and confirm that history will always repeat itself? it is often said that the future is unpredictable, if you can be sure, does that mean you already know the future? to me, if everything were so predictable and easy to make money, we all would be rich, everyone would borrow money and sell all assets to invest in bitcoin because, as you said, history always repeats itself. 
672  Bitcoin / Bitcoin Discussion / Re: Investing doesn't guarantee you to be rich on: May 17, 2023, 11:49:03 PM
Investment may not guarantee someone's to success, and it's might guarantee someone's to success, because if person follow the rules of investment, then success is guaranteed. If an investor invests and holds their coin until a bull market, they will definitely be making profits out of their investment. And I'm very sure person can become rich in the future and do it consistently, and not an unprofitable investment or make you not rich, because it all depends on your knowledge and planning over a thing you're doing or trying to do.

i didn't see you mention any risk in investing, and as the op said, investing has no guarantee that you will succeed or will always get a return.  everything is risky and the risk is higher when we talk about cryptocurrencies. Not every coin will bring you profit, not every coin will increase in price when the bull season comes.
One more thing, history has proven long-term holding is profitable, but we can't guarantee that will happen in the future.  So never say for sure or confirm anything in this market.
673  Economy / Trading Discussion / Re: Earning online more preferable than offline? on: May 17, 2023, 11:37:25 PM
the advice could not be worse because trading is not for everyone, do you see how many people have succeeded and become wealthy through trading, especially newbies? currently, the economic situation is precarious, making money with traditional occupations faces many difficulties, but that does not mean that we give up our traditional jobs and go to trade.  That's really bad advice, and if someone is going to do it, it's a stupid idea. by the way, have you become rich by trading? I will be glad if you can provide proof.
If you have in mind that we can become rich by trading easily then we are on the wrong side because you need lot of experience,skills and also face loss in your trading journey.You see people earning good and also doing promotions that you can also earn good but don't follow them blindly as it's hard to time the market because lot of analysis is there to make decent profits.So learn with time and for earning you need experience and skills then it's easy whether online or offline.

Even for experienced, so-called professional traders, losses are inevitable.  there is no concept of stable income in trading, so it cannot be compared with offline work. for newbies, I think when starting to trade, if you don't want to be disappointed, think about how much you will lose rather than how much you will gain. I haven't seen a single newbie make a profit in the first few months or years.  as you said, making a profit requires experience, skills, and knowledge... and these things cannot be obtained overnight. it is built with a trade-off of time and money to gain, so people always say that trading is not for everyone.
674  Bitcoin / Bitcoin Discussion / Re: How much does Bitcoin affect other cryptocurrency? on: May 17, 2023, 05:25:01 AM


You can try to find an altcoin that will rise when bitcoin is flat or fall, but this is not an easy task. Basically, we see the market following bitcoin, so I don't see the point in looking for an altcoin that will bring in more profits compared to bitcoin, and when there is a risk that the price of this altcoin may fall significantly.

Finding an altcoin that can bring big profits is not easy, and not everyone can do it.  but if you want to find altcoins that are more profitable than bitcoin and still pretty safe, we also have eth and bnb. imo, they are reliable altcoins to invest in even though they won't be as safe as bitcoin, but their returns will definitely be better.
investing in altcoins is not so bad because of the returns it brings, but it is not suitable for too many people because its risks are pretty large compared to bitcoin.  better to put a small part of the money in altcoins, most of it should be invested in bitcoin.
675  Bitcoin / Bitcoin Discussion / Re: How useful is Bitcoin to the youth? on: May 17, 2023, 05:14:49 AM
Very useful if the youths know how to use it, I know some students in a university that have no supporters, some have no parents and bitcoin is what they have been using to keep themselves in school, they learn trading and few other things that net them good amount of money per month, they are able to even invest in crypto with extra money.

If people in a very hard tight spot can still be able to provide for themselves then definitely anybody can do it, I keep telling people to invest in Bitcoin like the stock market and real estate because the difference is not that much and Bitcoin brings in more profit than stock and real estate.

There is no guarantee that simply putting money and investing in bitcoin will automatically generate profits, when giving advice to someone, we should also talk about the risks they take when investing.  bitcoin offers more returns than stocks and real estate, but the risk of losing money is also much higher. Whether young or old, bitcoin will be useful if they understand it and invest in the right way, it will always bring benefits. and if they don't have knowledge plus greed, it won't help them, but on the contrary, it will hurt them.
676  Economy / Trading Discussion / Re: Earning online more preferable than offline? on: May 17, 2023, 05:00:03 AM
the advice could not be worse because trading is not for everyone, do you see how many people have succeeded and become wealthy through trading, especially newbies? currently, the economic situation is precarious, making money with traditional occupations faces many difficulties, but that does not mean that we give up our traditional jobs and go to trade.  That's really bad advice, and if someone is going to do it, it's a stupid idea. by the way, have you become rich by trading? I will be glad if you can provide proof.
677  Economy / Trading Discussion / Re: Can copy trading be profitable on: May 16, 2023, 11:07:58 PM


It's not that he is busy but maybe he is only lazy or find it hard to learn on his own because you know, trading is not an easy activity but it requires a good head and a lot of patience. Twitter is a social media and telegram is a messaging app, also known as scammers den. I will go for tradingview when it comes to trading matters.

Nothing sting like the truth, I also believe that people who say they are too busy and don't have time to learn about trading are lying. they feel it's too hard, they can't make money from it on their own, and they make the excuse of being too busy to seek help from others.  they go to work to make money and trade also to make money, maybe even earn more than their main job if they know how to trade. So there is no excuse for not having time, all just excuses for their laziness.
678  Economy / Trading Discussion / Re: Which wallet should a beginner choose? on: May 16, 2023, 10:58:07 PM
I decided to buy a wallet and try to make money on the crypt. Which one to choose, is there at a price of more than $ 200 is there less, what to pay attention to? It is for a beginner, I don't want to lose a lot of money if something doesn't work out.

you don't need to spend $200 to own hardware wallets, they are much cheaper.  the 2 most popular wallets today are Ledger and Trezor, but there is some unclear information about Ledger wallets, so I recommend you get yourself an affordable Trezor wallet, and the one thing it excels in is open source. For a bitcoin investor, storage is extremely important knowledge, I'm glad you've been interested in it since you were a newbie.
679  Bitcoin / Bitcoin Discussion / Re: What a shame on: May 16, 2023, 10:37:53 PM
As a lecturer he should believe in whatever he believes in, but stopping his son from learning about Bitcoin is wrong, as a lecturer what makes him believe that he will always be right? We were taught in school that knowledge is power and this one is stopping people from achieving knowledge.
Not every lecturers are open minded regards technology and innovation. Many lecturers (although I can't assure if it's the case here) are on confortable social and financial positions on their local communities that they become blind to the issues most people are facing and struggling, because their personal lives are nearly to perfection considering their personal needs.

Therefore, any hypothesis of changes are immediately rejected by these individuals, since they could mean potential threats to their currently way of life.

i don't blame them, I mean, in their position, they are living a life where they are content with what they have and don't need to change anything.  if you live the life you want, have a house, a car, and a high income… your life is perfect, then you have no reason to change it. We should not blame anyone because everyone has a different perspective and way of looking at life.  we look to bitcoin because we are looking for wealth, while many people don't need it because they already have it.
680  Economy / Economics / Re: Saving one third what you earn monthly is not that hard, isn't it ? on: May 16, 2023, 10:26:54 PM
Saving is part of my life and I have never seen it as an impossible task that needs to be done with efforts.
It should be good for you if you have multiple sources of income, but I don't know if you need to maintain a percentage of that amount each month. Even if saving is recommended, but I don't think it's necessary to have a special percentage in doing so and just do how many you can save.

If you insist on saving a certain amount each month then you may run into problems when your source of income dries up for one reason or another. This will definitely give you a lot of responsibility so that you can or should reduce your daily and monthly needs to get the percentage that you set. You can do it, but your method cannot adopted for other users.

But if we don't have a specific goal, it makes us more lethargic and lazy.  It is better to give a specific number because we will be more disciplined with ourselves to achieve that goal.  you are right that we apply it will make us more stressed in life but that savings will come in handy in your emergency.  i also like to impose a specific number when it comes to saving and investing, which will help me reach my goal quickly rather than dragging on and never completing it.
You are right - life without a goal is a wasted life
I wasted my life not setting a goal - and had been a complete failure
Setting a goal is very important 

Setting a goal is truly important, especially when it comes to goals with responsibility. Take me as an example, before I got married, everything was responsibility-free and to be honest, I did not think much about my life. After my daughter was born, I started changing. I began to set both financial and life goals and then strived to achieve them with all my best. I am thankful that all the goals are like anchors to my life, transforming me to be a better man. Sometimes we have to admit that goals are blessings. It is never too late to set a goal. Please put together and live your life to the most extent. All the best to you, man.


I'm like you in this, I think we men just set goals and start taking on more responsibilities when we get married and have kids.  before getting married, I had no specific direction or goal for my life. but when I have a family and especially children, making money, setting a goal, and trying to achieve it every day keeps hovering in my head until it's done. it can be said that men's goals actually become clearer when they have a strong motivation.
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